Ms O’Connor continued: “A typical energy bill of £2,000 takes up 20 percent of state pension income for people on the new state pension and 27 percent of basic state pension income.
“Those who don’t receive a full state pension will be paying an even higher proportion of income on energy.
“In normal times, no more than 10 percent of income would be considered a reasonable amount to spend on energy. Many just won’t be able to pay.”
Steven Cameron, Pensions Director at Aegon, also warned pensioners are particularly “vulnerable” at this time.